Tag Archives: oil price

Global Market and Economic Update

Economy Germany’s parliament approved an extension of Greece’s bailout today after Finance Minister Wolfgang Schaeuble spoke in favor of the deal, telling parliament: “We Germans should do everything possible to keep Europe together as much as we can.” The Bundestag vote was the only major parliamentary hurdle for the four-month extension to the bailout program, as other EU countries are […]

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Asian Stocks Retreat as investors watch Greece

By Vivian Atud Johannesburg-Sunburst Africa– Markets in Asia have opened cautiously this morning with most Asian stocks trading lower as investors await Greece’s review of debt reduction policies.   In Australia, bonds gained in early trade and oil traded at less than $50 a barrel.  In the US, Federal Reserve Chair Janet Yellen will address lawmakers and investors will likely continue […]

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Global Market and Economic Updates

Economy European shares are again on the decline after talks between Greece and euro zone finance ministers collapsed. Jeroen Dijsselbloem, who chaired the meeting yesterday, told Greece it had until Friday to request a six-month extension of its international bailout or the program would expire at the end of the month. “We want an honorable settlement,” announced Greek Finance Minister […]

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Expect an Increase in the Manufacturing & Sales Figures for November 2014 to be Released Later Today.

By Vivian Atud What: Statistics South Africa (Stats SA) will today at 13:00 p.m. release the manufacturing and sales figures for November 2014. Manufacturing remains a key sector of the South African economy. Figure 1: Breakdown of gross value added by industry, 2012 (proportions) (Source: Stats SA, 2013) According to figure one, manufacturing is a key sector and second biggest […]

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The JSE Closed 2.11 percent Down Yesterday

Johannesburg- Sunburst Africa –Trade on the JSE closed in the negative territory yesterday following a decline in mining stocks as oil continue to slide. The biggest losers of the day included: Sasol, MTN Group, Shoprit, Exxaro, and Assore. Vodacom, Imperial and Anglogold topped the list of top gainers. The market closed down 2.11 percent yesterday extending loses from last week. […]

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The JSE closed down 1.28 percent on November 28th, 2014

Last was a bumpy one for investors on the JSE as verious economic data released both locally and internationally did not do much to improve investor apetite. The top losers for the day included: Sasol, Anglogold, BHPbilliton, Assore, and the MTN Group. Top winners included CAPCP, Vodacom, Grothpoint, Richemont and BAT. Table1: Top Winners and losers on the JSE November […]

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